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the election. >> on taxes, i know it's hard for republicans but the president ran on the platform. 250. no tax increase for people below but taxes for people above. he won. 60% of voters said they were for it in exit polls including republicans. >> wake of house speaker john boehner's plan "b" failure, all eyes turn to senate leaders harry reid and mitch mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the president short-term fix raises some taxes, yet punt spending cuts until next year. >> i would vote for revenue, including the tax rate hike though i don't like them to get, to save the country from becoming greece. i'm not going to set aside the $1.2 trillion in cuts. >> if the president does return to washington this week, unclear whether he will come back here to hawaii for new
of new regulatory actions that are being undertaken by the administration since the november election. the department of health and human services tells us "governors, insurers an other partners encourage us to finance roles as soon as possible and we will continue to work with them as we imple innocent the law." under congressional review act they can overrule regulation but only after passing a resolution through both houses, which would then need the president's signature. doug? >> doug: shannon bream, thank you. we have more on the subject with the panel. a debate going on for decades. union and labor activists say it's good for economy. business owners disagree. peter doocy explains minimum wage is a hot topic. >> nearly 1 million people across america get raise on new yore's day. not reward for job well done but they live in step states raising the minimum wage next week with increases ranging from modest dime an hour in missouri to 35 cents an hour in rhode island. supporters say right now income guarantee is important since some unions are weakening. >> the increase in the min
-term election that extended tax cut two years and brought us where we are today. he is so good if you gave him a weekend and he were in charge he would sol tv syrian civil war. he and read will come up with the package. raising the limit to pay higher taxes. it has to be kept simple. boehner will have two choices. if he refuses to allow a vote and president was hard on him in the statement he made a half hour ago, he will be the scapegoat. option that he will exercise if he thought the deal was awful. he will likely have open vote so caucus don't have to vote one way or another. you will get 180 diems and you only need 25 or so republica republicans. then after january 1 you get around the cliff and he has a stronger position. debt ceiling is approaching. >> do you think republicans would vote against tax cut for 98% of americans? they are only going to get 20 republicans voting in >> the reason the republicans oppose it all the way along there is no commensurate spending. nothing on entitlement. it's on raising taxes on the rich. republicans elected on holding the line on taxes and cut spend
on the house. it might create an opening for speaker boehner. although it might endanger his re-election to the speakership on january 3. >> doug: the 21st of this month, the "wall street journal" did a great piece on the inside negotiation over the fiscal cliff. i said this. referring to president obama. ol' office meeting he told mr. boehner that if the sides didn't use the agreement he would use the inaugurate address and "state of the union" to sell country the republicans at fault. he said i put $800 billion in tax revenue on the table. what do i get for that? you get nothing. >> he knows the republicans are fractured and i think the debate who will lead is ridiculous. nothing is going to come out of the house or the senate. president will decide what will be in the senate. the entire objective was not to pass anything to help with the debt or deficit. to destroy the republicans in the house. create a civil war. that is what he did. he would not compromise on tax rate. he himself said a year ago. but he insisted on the rates knowing it would cause the kind of civil war in the house.
Search Results 0 to 3 of about 4